Updated Jan 27, 2026
Asher Paskes Acquires Development Site At 335 Woodbine Street From Robert Strickland For $1.475M
335 Woodbine St, Brooklyn, NY 11237, USA
$1,475,000
$244/SF
Building Size
6,034 SF
Asset Type
Development Site
Closing
Jul 16, 2020
About this deal
AI
The property asset involved in the transaction is a development site located at 335 Woodbine Street in Bushwick, Brooklyn. The site was sold for a price of $1,475,000, encompassing a building square footage of 6,034. The price per building square footage is $244, and the asset consists of 4 units, translating to a price per unit of $368,769.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,475,000
- Building Square Footage: 6,034
- Price Per Building Square Foot: $244
- Units: 4
- Price Per Unit: $368,769
- Seller: Robert Strickland
- Buyer: Asher Paskes
- Brokers: BRG’s Northeast Brooklyn & Queens Team – Derek Bestreich, Steve Reynolds, Tom Reynolds
- Transaction Date: 07/17/2020
Key individuals involved in the deal include the seller, Robert Strickland, and the buyer, Asher Paskes. The transaction was facilitated by brokers from BRG’s Northeast Brooklyn & Queens Team, specifically Derek Bestreich, Steve Reynolds, and Tom Reynolds, who represented the parties in the deal.
Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.75%
Cash-on-Cash
-3.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93